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VMware (VMW) PT Raised to $113 at Drexel Hamilton Following 1Q Beat
June 2, 2017 9:24 AM EDTDrexel Hamilton raised its price target on VMware (NYSE: VMW) to $113.00 (from $105.00) while maintaining a Buy rating. VMware reported 1Q revenue of $1.736 billion that beat the Street at $1.710 billion. Pro forma EPS of $0.99 exceeded the Street's $0.96.
Looking into 2Q, VMware expects revenue of $1.84-1.89... More
